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Trump Threatens Harvard’s Tax-Exempt Status After School’s Rebuke

  • President Donald Trump suggested that he might revoke Harvard's tax-exempt status after the university refused to comply with requests to reform its policies.
  • Harvard's President Alan M. Garber stated that the administration's requests infringed upon the school's independence and First Amendment rights.
  • The federal government announced a freeze on over $2.2 billion in funding to Harvard following its refusal to implement changes related to antisemitism, according to the Trump administration.
  • The White House expressed concern over Harvard's continued funding, questioning the appropriateness of taxpayer support for a wealthy institution.
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Accounting TodayAccounting Today
Lean Right

Trump threatens Harvard's tax-exempt status

Trump threatens Harvard's tax-exempt status, because pulling federal funds apparently wasn't enough.

·United States
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CNNCNN
+10 Reposted by 10 other sources
Lean Left

IRS making plans to rescind Harvard’s tax-exempt status

The Internal Revenue Service is making plans to rescind the tax-exempt status of Harvard University, according to two sources familiar with the matter, which would be an extraordinary step of retaliation as the Trump administration seeks to turn up pressure on the university that has defied its demands to change its hiring and other practices.

·Atlanta, United States
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Forbes broke the news in United States on Tuesday, April 15, 2025.
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